Is Sleepy Hollow, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sleepy Hollow is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Sleepy Hollow has remained a Seller's Market.

Key Takeaway

Sleepy Hollow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sleepy Hollow, NY

How much do homes in Sleepy Hollow, NY cost?

Median Sold Price

$850,000

$512/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$140,000(-14.1%)

Key Takeaway

Homes in Sleepy Hollow have sold for 14.1% less than they did a year ago.

Summary: The median home sold price in Sleepy Hollow was $850,000 in December 2024, down 14.1% from last year, and the median price per square foot was $512.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $825.4K$695K
-15.8%
2 $1.0M$1.0M
0.0%
3 $992.5K$672.6K
-32.2%
4 $975K$1.3M
+33.3%
5+ $999.9K$850K
-15.0%

Summary: Sleepy Hollow housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes did not change, 3 bedroom homes decreased by 32.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 15%.

Median Sold Price Compared To Nearby Cities

Mount Pleasant
+8.3%
Greenburgh
+8.0%
Tarrytown
+4.7%
Upper Nyack
-4.4%
Sleepy Hollow
-14.1%

Housing Supply in Sleepy Hollow, NY

How many homes are available in Sleepy Hollow, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2220-9.1%

Summary: The Sleepy Hollow real estate market had 20 homes for sale in December 2024, a 9.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 66
0.0%
4 88
0.0%
5+ 64
-33.3%

Summary: The Sleepy Hollow housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sleepy Hollow, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Sleepy Hollow in December 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for Sleepy Hollow, NY

How long does it take to sell a home in Sleepy Hollow, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
21 Days46 Days+113.7%

Summary: Homes in Sleepy Hollow had an average of 46 days on market in Dec 2024, up by 113.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sleepy Hollow are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in Sleepy Hollow; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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